Public Law 119-73 (01/23/2026)

42 U.S.C. § 12703

Purposes of Cranston-Gonzalez National Affordable Housing Act

The purposes of this Act are—
(1)
to help families not owning a home to save for a down payment for the purchase of a home;
(2)
to retain wherever feasible as housing affordable to low-income families those dwelling units produced for such purpose with Federal assistance;
(3)
to extend and strengthen partnerships among all levels of government and the private sector, including for-profit and nonprofit organizations, in the production and operation of housing affordable to low-income and moderate-income families;
(4)
to expand and improve Federal rental assistance for very low-income families; and
(5)
to increase the supply of supportive housing, which combines structural features and services needed to enable persons with special needs to live with dignity and independence.

Pub. L. 101–625, title I, § 103104 Stat. 4085(, , .)

Editorial Notes

References in Text

Pub. L. 101–625104 Stat. 4079section 12701 of this titleThis Act, referred to in text, is , , , known as the Cranston-Gonzalez National Affordable Housing Act. For complete classification of this Act to the Code, see Short Title note set out under and Tables.